| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP13902 |
| DP13902 What are the Price Effects of Trade? Evidence from the U.S. and Implications for Quantitative Trade Models | |
| Xavier Jaravel; Erick Sager | |
| 发表日期 | 2019-08-01 |
| 出版年 | 2019 |
| 语种 | 英语 |
| 摘要 | This paper finds that U.S. consumer prices fell substantially due to increased trade with China. With comprehensive price micro-data and two complementary identication strategies, we estimate that a 1pp increase in import penetration from China causes a 1.91% decline in consumer prices. This price response is driven by declining markups for domestically-produced goods, and is one order of magnitude larger than in standard trade models that abstract from strategic price-setting. The estimates imply that trade with China increased U.S. consumer surplus by about $400,000 per displaced job, and that product categories catering to low-income consumers experienced larger price declines. |
| 主题 | International Trade and Regional Economics |
| 关键词 | Trade Prices Markups |
| URL | https://cepr.org/publications/dp13902 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/542781 |
| 推荐引用方式 GB/T 7714 | Xavier Jaravel,Erick Sager. DP13902 What are the Price Effects of Trade? Evidence from the U.S. and Implications for Quantitative Trade Models. 2019. |
| 条目包含的文件 | 条目无相关文件。 | |||||
| 个性服务 |
| 推荐该条目 |
| 保存到收藏夹 |
| 导出为Endnote文件 |
| 谷歌学术 |
| 谷歌学术中相似的文章 |
| [Xavier Jaravel]的文章 |
| [Erick Sager]的文章 |
| 百度学术 |
| 百度学术中相似的文章 |
| [Xavier Jaravel]的文章 |
| [Erick Sager]的文章 |
| 必应学术 |
| 必应学术中相似的文章 |
| [Xavier Jaravel]的文章 |
| [Erick Sager]的文章 |
| 相关权益政策 |
| 暂无数据 |
| 收藏/分享 |
除非特别说明，本系统中所有内容都受版权保护，并保留所有权利。
